2 Bed Flat, Single Let, London, SE13 6QB, £275,000

Hither Green lane, London, SE13 6QB - 2 views - 5 months ago

Leasehold
BTL
ROI: 6%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£282.8K - £518K
Sold Prices/m²£4.1K/m² - £9.1K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£338,250
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,500 - £2,200

Rent Estimate

£1,556

Running Costs/mo

£1,191

Cashflow/mo

£365

Cashflow/yr

£4,385

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £282.8K to £518K, average is £370K. £4.1K/m² to £9.1K/m², average is £6.1K/m².

PriceDateDistanceAddressBeds 
£518K03/230.03 mi11, Theodore Road, London, Greater London SE13 6HT2
£352.5K02/210.03 miFlat 17, Mountsfield Court, Hither Green Lane, London, Greater London SE13 6RR2
£360K06/230.03 miFlat 31, Mountsfield Court, Hither Green Lane, London, Greater London SE13 6RR2
£370K06/230.08 mi187b, Hither Green Lane, London, Greater London SE13 6QE2
£450K09/230.08 mi58, Radford Road, London, Greater London SE13 6RZ2
£467.5K11/200.08 mi64, Radford Road, London, Greater London SE13 6RZ2
£380K05/230.08 mi18, Springrice Road, London, Greater London SE13 6HR2
£380K12/200.08 mi4a, Springrice Road, London, Greater London SE13 6HR2
£311.5K05/210.11 mi87, Radford Road, London, Greater London SE13 6SB2
£399.9K12/200.14 miLower Floor, 127, George Lane, London, Greater London SE13 6HP2
£405K12/200.14 miLower Flat, 12, Ennersdale Road, London, Greater London SE13 6JD2
£409K06/210.14 miGarden Flat, 112, Mount Pleasant Road, London, Greater London SE13 6HX2
£430K10/230.15 miLower Flat, 12, Ennersdale Road, London, Greater London SE13 6JD2
£435K12/230.15 miFlat B, 49, Ennersdale Road, London, Greater London SE13 6JE2
£370K01/240.17 miFlat 36, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD2
£420.6K07/230.17 miFlat 13, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD2
£363K02/210.17 miFlat 16, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD2
£325K04/230.17 miFlat 3, Kingswood Court, Hither Green Lane, London, Greater London SE13 6TD2
£325K06/230.17 mi7a, Mallet Road, London, Greater London SE13 6SP2
£340K02/230.18 mi88, Knowles Hill Crescent, London, Greater London SE13 6DS2
£435K02/210.2 mi63, Nightingale Grove, London, Greater London SE13 6ER2
£348K03/210.2 miFlat 59, Catalpa Court, Hither Green Lane, London, Greater London SE13 6TG2
£380K10/210.2 miFlat 71, Catalpa Court, Hither Green Lane, London, Greater London SE13 6TG2
£375K12/200.2 miFlat 23, Catalpa Court, Hither Green Lane, London, Greater London SE13 6TG2
£350K10/230.2 miFlat 77, Catalpa Court, Hither Green Lane, London, Greater London SE13 6TG2
£445K11/200.23 miFlat 108, Cherrywood Lodge, Birdwood Avenue, London, Greater London SE13 6UR2
£333K12/200.25 miFlat B, 142, Courthill Road, London, Greater London SE13 6DR2
£303K02/210.25 mi141a, Courthill Road, London, Greater London SE13 6DR2
£410K02/210.25 mi136a, Courthill Road, London, Greater London SE13 6DR2
£365K11/230.25 miFirst Floor Flat, 132, Courthill Road, London, Greater London SE13 6DR2
£355K09/210.25 miFlat 75, Cherrywood Lodge, Birdwood Avenue, London, Greater London SE13 6UR2
£369.3K11/210.25 miFlat 39, Cherrywood Lodge, Birdwood Avenue, London, Greater London SE13 6UR2
£355K06/210.26 miFlat 92, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£330K11/210.26 miFlat 52, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£393K06/210.26 miFlat 82, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£435K07/230.26 miFlat 83, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£282.8K05/230.26 miFlat 18, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PA2
£340K02/210.26 miFlat 17, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PA2
£360K03/230.26 miFlat 59, Rosse Gardens, Desvignes Drive, London, Greater London SE13 6PD2
£512.1K11/210.27 mi25c, Lewisham Park, London, Greater London SE13 6QZ2
£494K08/210.27 miFlat C, 28, Lewisham Park, London, Greater London SE13 6QZ2
£310K11/210.28 miFlat B, 96, Farley Road, London, Greater London SE6 2AR2
£353K04/210.3 mi5, Dermody Gardens, London, Greater London SE13 5HG2
£360K10/230.3 miFlat 7, Chiddingstone, Lewisham Park, London, Greater London SE13 6QY2
£415K11/210.3 mi185, Laleham Road, London, Greater London SE6 2AE2
£360K03/210.3 mi157a, Laleham Road, London, Greater London SE6 2AE2
£509.9K12/200.31 mi50c, Mount Pleasant Road, London, Greater London SE13 6RE2
£385K03/210.33 mi128, Laleham Road, London, Greater London SE6 2AD2
£303K10/230.34 mi138, The Woodlands, Hither Green, London, Greater London SE13 6TX2
£493K10/230.34 mi333a, Hither Green Lane, London, Greater London SE13 6TJ2

Local Rents

48 rents from £1.5K/mo to £2.2K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80002/250.02 mi-2
£2,10008/240.03 miTheodore Road, Lewisham2
£1,80008/240.03 miHither Green Lane, Hither Green, SE132
£1,60002/240.04 mi-2
£1,50008/240.05 miTheodore road, Hither Green, SE132
£1,70008/240.06 miSpringrice Road London SE132
£1,85012/240.07 mi-2
£1,80008/240.07 mi-2
£1,80008/240.07 miSt. Swithuns Road, London, SE132
£1,75008/240.08 miRadford Road, Hither Green, SE132
£1,80002/240.08 mi-2
£1,90002/250.09 mi-2
£2,20002/250.1 mi-2
£1,95011/240.1 mi-2
£1,95002/240.1 mi-2
£1,95011/240.1 mi-2
£1,65008/240.14 miEnnersdale Road, London, SE132
£1,69502/240.14 mi-2
£1,70008/240.15 miEnnersdale Road Hither Green SE132
£2,00002/250.16 mi-2
£1,70008/240.18 miLullingstone Lane Hither Green SE132
£1,62504/250.18 mi-2
£1,80002/240.19 mi-2
£1,75008/240.19 mi-2
£1,75008/240.19 miHighfield Close, Hither Green, London2
£1,95002/250.2 mi-2
£1,70011/240.21 mi-2
£1,95008/240.22 miHighfield Close Hither Green SE132
£1,90008/240.22 miHighfield Close Hither Green SE132
£1,80008/240.23 miKingswood Court, Hither Green, London, SE132
£1,85008/240.23 mi-2
£1,60011/230.23 miHighfield Close, SE132
£1,80008/240.24 miStainton Road, London, SE62
£1,80008/240.24 mi-2
£1,70004/250.24 mi-2
£1,75008/240.24 miHither Green Lane, Hither Green, London, SE132
£1,80008/240.24 miKingswood Court, Hither Green, London, SE132
£1,70008/240.25 miHeather Close, London, SE132
£1,60008/240.25 miCourthill Road, Lewisham, SE132
£1,80011/240.26 mi-2
£2,10004/250.26 mi-2
£1,80009/240.27 miGeorge Lane London SE132
£1,65008/240.27 miRyecroft Road, Hither Green, SE132
£1,60008/240.27 mi-2
£1,55008/240.27 miCourthill Road, SE132
£1,70008/240.28 miCatalpa Court, Hither Green Lane, London, SE132
£2,00010/240.28 mi-2
£1,60009/240.29 miHospital Way, Hither Green, London, SE132

Local Area Statistics

Population in SE13

40,848

Population in London

4,771,921

Town centre distance

6.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+21%

Sales demand

Balanced market

Capital growth (5yrs)

+15%

Property History

Listed for £275,000

November 18, 2024

Floor Plans

Description

  • Prime location in vibrant Hither Green +
  • Two spacious bedrooms, one with en-suite +
  • Two fully tiled bathrooms with modern fixtures +
  • Large reception room filled with natural light +
  • Beautifully finished kitchen with sleek design +
  • Expansive windows for a bright, airy feel +

Nestled in the heart of Hither Green, this exceptional two-bedroom flat offers modern elegance paired with urban convenience. The flat opens to a spacious reception room, designed to capture natural light through its large windows, creating an airy and welcoming space ideal for entertaining or relaxation. Adjacent to the living area, the beautifully finished kitchen combines both style and function, featuring sleek cabinetry and premium fixtures to satisfy the needs of any home chef.

Both bedrooms are generously proportioned, with the main bedroom boasting a private en-suite bathroom, allowing for an extra layer of comfort and seclusion. Each bathroom in the property is fully tiled, designed with contemporary touches and quality finishes that add a touch of luxury.

Beyond the flat itself, Hither Green offers a vibrant neighbourhood atmosphere with easy access to an array of amenities. Local cafes, independent shops, and green spaces, including Mountsfield Park, are just a short walk away, providing the ideal balance of urban living and community feel. Excellent transport links are also nearby, with Hither Green Station providing a quick and direct route into central London, making this property an ideal choice for investors, young professionals, and anyone looking for a stylish home base in a prime London location.

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You can secure this property with an optional reservation deposit of £2,500. This forms part of the property's total purchase price and is not an additional fee. The deposit draws up a legally binding exclusivity agreement which gives exclusive rights to purchase the property within an agreed timeframe.

The reservation deposit guarantees that the seller will remove their property from the market as soon as the offer is accepted and the deposit is paid. This means that the property is reserved for you, giving you time to complete the sale without the risk of being gazumped.

The fixed exclusivity period (typically 8-10 weeks) allows you to prepare financing, surveys and property searches with the confidence that you aren't wasting money on a sale that may fall through.

Speak to one of our property specialists about our reservation deposit scheme to find out more.

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These particulars, whilst believed to be accurate, are set out as a general outline and are only intended as guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. No person employed by SmoothSale has the authority to make or give any representation or warranty in respect of the property. Photographs are reproduced for general information and it must not be inferred that any item shown is included for sale with the property. Prospective purchasers are advised to inspect the property and commission an expert report where appropriate.

Agent Details

SmoothSale, Leeds

0117 463 2797

Next Steps?

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